How to tell if you’re a poor, middle-class, or rich US boomer — and the big thing to do now if you’re way behind

Baby boomers hold $77-$85 trillion in assets, but 71% of this wealth is concentrated in the top 10%, requiring over $3 million net worth to qualify. The median boomer net worth is about $432,200, while 25% have less than $125,000. Most are below the $1.46 million needed for comfortable retirement. Building wealth in retirement involves managing taxes, reducing debt, and generating passive income through investments like real estate platforms.